Mortgage Quality Control Analyst

Mmbba; Evansville (IN); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Paid holidays

Paid time off

Health insurance

Dental and vision insurance

401(k) with matching

Life and disability insurance

Tuition reimbursement

Job summary

Liberty FCU is seeking a Mortgage Quality Control Analyst to conduct comprehensive quality reviews of residential mortgage loans and enhance process accuracy and regulatory compliance. The role requires extensive mortgage industry knowledge and prior QC, auditing or underwriting experience within a mortgage department or company.

The job is based at 4405 Theater Drive, Evansville, IN, with responsibilities spanning post-closing, pre-funding QC, MERS data reconciliation, and external audits.

Qualifications

• Extensive experience in the mortgage industry with knowledge of mortgage regulation and documentation.
• Experience in quality control, auditing or underwriting in a mortgage department or mortgage company.

Responsibilities

• Perform full quality reviews of residential mortgage loans to ensure accuracy and effectiveness of processes.
• Perform post-closing quality control reviews on conventional and government loans to ensure investor guidelines compliance.
• Perform pre-funding quality control reviews of loan applications for lending policy compliance.
• Reconcile MERS data monthly.
• Monitor third-party vendor QC services.
• Facilitate external audits by mortgage investors.
• Prepare management reports detailing errors and defects in policies and regulations.

Skills

Mortgage industry experience

Regulatory knowledge

Quality control

Auditing

Underwriting

Job description

LFCU is currently seeking a Mortgage Quality Control Analyst. Employees in this position complete full quality reviews of residential mortgage loans to measure and improve the accuracy and effectiveness of processes. The candidate must possess extensive experience in the mortgage industry with knowledge of mortgage regulation and documentation. The ideal candidate will have held previous positions in either quality control, auditing or underwriting in a mortgage department or mortgage company. This position will be stationed at 4405 Theater Drive, Evansville, IN.

Duties and responsibilities include but are not limited to the following:

• Keep current on all agency, and private investor guidelines, state and federal laws, rules and regulations.
• Perform post-closing quality control reviews on conventional and government loans originated for sale to Fannie Mae, Freddie Mac, FHLBI, VA, FHA, USDA and private investors to ensure compliance with investor guidelines, Agency guidelines and requirements, and Federal, State and local laws, rules and regulations.
• Perform pre-funding quality control reviews of loan applications to check compliance with lending policies.
• Perform a reconciliation of MERS data on a monthly basis.
• Monitor the quality control services of third-party vendors.
• Facilitate external audits by mortgage investors.
• Prepare reports to management of findings explaining errors and citing appropriate defects that do not align with internal policies, investor guidelines, compliance or applicable regulations.

Benefits and Compensation:

• Paid Holidays
• Paid Time Off (Vacation, Sick and Personal Days)
• Medical, Dental and Vision Insurance
• 401(k) retirement program with matching funds
• Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance
• Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer, Minority/Female/Disability/Protected Veteran.

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